A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just hit their highest level since 2009, and home prices are continuing to...
Tag: Real estate
Alphabet Chief Financial Officer Ruth Porat Bought Stock in Blackstone
Text size Blackstone headquarters in New York. Angus Mordant/Bloomberg Blackstone stock has slumped so far in 2022, and director Ruth Porat just bought shares of the private-equity firm on the open ma...
How Coworking Companies Like The Wing And Industrious Are Intersecting With Retail
The Wing’s Chicago location in Fulton Market The Wing The lines between retail, office, and industrial real estate are becoming exponentially blurred. Retail brands are using stores for fulfillm...
Top 3 Reasons Real Estate Is Fast Becoming Hollywood’s Favorite Side Hustle
Beverly Hills, CA – September 08: A view of a pool with 4,000-square bedroom above with private … [+] pool at the The One Bel Air, a 105,000-square-foot mansion by Nile Niami of Skyline De...
Hong Kong residents moving to Singapore, snapping up rental homes
Stifled by strict Covid restrictions in Hong Kong, residents from the financial hub are continuing to move to its rival, Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — After eight years in ...
Here are the 5 hottest luxury real estate markets in South Florida
This oceanfront mansion in Highland Beach, FL sold for $40 million breaking a local record for the town. Robert Stevens The supply of luxury homes and condos in South Florida isn’t merely tight....
‘I’m spending a fortune on home maintenance. I realize my second husband is essentially living in my house for free’: What is a fair way to split costs?
I am a retired 62-year-old woman. I was widowed in 2006 at the age of 46 and raised my two children (now 24 and 27) on my own. I used my husband’s life insurance money (about $500,000) to maintain our...
Annaly Capital to Sell Middle- Market Lending Portfolio to Ares for About $2.4 Billion
Text size Ares currently has $314 billion assets under management, up from $25 billion in 2008. Dreamstime Ares Management Corp said Monday that it agreed to buy the middle-market lending portfolio of...
JCPenney owners offer $8.6 billion to acquire rival Kohl’s
The owners of JCPenney have made an offer to acquire archrival Kohl’s in a deal that could value the department-store chain at upwards of $8.6 billion, The Post has learned. Under the proposal, shoppi...
Judge orders Cushman & Wakefield to comply with Trump subpoenas
Anti-Trump demonstrators gather outside of the New York County Supreme Court in New York City, U.S., April 25, 2022. David Dee Delgado | Reuters A New York judge Monday ordered commercial real-estate...
Vacation rentals across Middle East look to capitalize on ‘revenge tourism’
Luxury Explorers has properties like Villa Botanica in the exclusive Emirates Hills, often referred to as the “Beverly Hills” of the UAE. Luxury Explorers’ Collection DUBAI, United A...
Saudi Royals Are Selling Homes, Yachts and Art as Crown Prince Cuts Income
RIYADH, Saudi Arabia—Saudi princes have sold more than $600 million worth of real estate, yachts and artwork in the U.S. and Europe since the kingdom’s de facto ruler tightened the purse strings of th...
Home Prices Surged to a Record as Sales Fell. What’s Cooling the Hot Housing Market.
Text size The rising cost of buying a home has weighed on buyers as mortgage rates have increased. Brandon Bell/Getty Images Existing-home sales fell in March fell as home prices climbed to their high...
Mega-mansions suffer massive price cuts at real estate auctions
An aerial view of the grounds of Villa Firenze in Beverly Hills, California. Concierge Auctions When high-priced mega mansions for sale languish on the market — sprawling, flashy and unable to attract...
4 housing market predictions for 2022, from economists and real estate pros
We asked home and mortgage experts and economists what they predict will happen this spring. Getty Images/iStockphoto We asked home and mortgage experts and economists what they predict will happen in...
Nelson Peltz hosted Joe Manchin for fundraiser featuring Republican megadonors
Nelson Peltz, left, and Joe Manchin CNBC; Reuters Wall Street veteran Nelson Peltz hosted a $5,000 a plate fundraiser for Sen. Joe Manchin at the billionaire’s sprawling Florida estate last mont...
Homebuilder sentiment drops for fourth straight month
A contractor uses a hammer while working on townhouse under construction at the PulteGroup Metro housing development in Milpitas, California. David Paul Morris | Bloomberg | Getty Images Sharply risin...
Decade-High Mortgage Rates Pose Threat to Spring Housing Market
U.S. housing sales are heating up again this spring, but the highest mortgage rates in more than a decade threaten to cool the sales pace that has gripped the market for nearly two years. Home sales r...
Tesla, AT&T, Netflix, Bank of America, IBM, and Other Stocks to Watch This Week
Text size First-quarter earnings season picks up next week, with 67 S&P 500 companies scheduled to report. Bank of America will be Monday’s highlight, followed by Netflix , Johnson & Johnson ...
Warren Buffett and Berkshire Hathaway are once again outperforming the stock market. Apple is one big reason but these other 10 stocks also helped
During the long, tech-driven bull market, you may have seen more than one article suggesting Berkshire Hathaway CEO Warren Buffett’s investing style was no longer valid. With Buffett leading the congl...